From Farmonline.co.nz: Sovereign wealth funds have become the central issue in the debate over foreigners buying up rural properties in Australia. While there are many examples of foreigners buying land in the past couple of years, Qatar-based Hassad Food, which is backed by the Qatar Investment Authority, exemplifies sovereign wealth funds buying up rural land in Australia to feed not only Qatar but other Middle Eastern countries concerned about food security.
Hassad has bought more than $40 million worth of sheep stations in northern NSW and South Australia in the past six months and intends to increase its land holding, according to The Australian Financial Review……………………………………….Full Article: Source

From Telegraph: As is by now well-known, sovereign wealth funds from the Mid-East, as well as state-entities from China, the Pacific Rim, and even India are trying to lock up chunks of the world’s future food supply. Western agribusiness is trying to beat them to it. Western funds - many listed on London’s AIM exchange - are in turn trying to beat them.
The NGO GRAIN, and farmlandgrab.com, have both documented the stampede in detail……………………………………….Full Article: Source

From Xinhua: China Investment Corporation (CIC), the country’s sovereign wealth fund, said that it has recovered all its investment in the Reserve Primary Fund, a U.S. money market fund that was crippled after the bankruptcy of Lehman Brothers in 2008.
The CIC had invested a total of 5.3 billion U.S. dollars in the Reserve Primary Fund in 2008, and moved to claim all its money back before the fund suspended redemption in September that year because of its losses on debt issued by the Lehman Brothers, said a CIC statement on its website……………………………………….Full Article: Source

From Reuters: China’s Central Huijin Investment Co, the largest shareholder of the country’s state-controlled banks, said on Friday it will sell 35 billion yuan ($5.1 billion) of bonds on Sept. 16.
Next week’s sale will comprise a 20 billion yuan five-year issue and a 15 billion yuan 30-year issue, Central Huijin said in a statement published on China’s official website for bond issues………………………………………Full Article: Source

From Gulfnews.com: Mubadala Development Company is a study in contrasts. An investment company with assets of $24 billion (Dh88.153 billion), its businesses deliver both strong commercial and social returns — reflecting the government of Abu Dhabi’s policy agenda.
Its subsidiaries span multiple industries, including aerospace, energy, health care, hospitality, infrastructure, real estate and technology — and while its sole shareholder is the government of Abu Dhabi, it has announced plans to take several of its local subsidiaries public in the next decade……………………………………….Full Article: Source

From Emii.com: “The most fascinating thing about the investment business today is that people will agree on the micro facts, but they hesitate to add it all up,” Mohamed El-Erian recently told a rapt audience of sovereign wealth fund officials. As CEO and co-CIO of $1 trillion asset management giant Pacific Investment Management Co., El-Erian urged the group to embrace new ways of approaching the markets.
“Once people acknowledge that the facts are changing, then they have to be open to the notion that when it is all brought together, the world is going to look different,” the former International Monetary Fund deputy director and Harvard University endowment chief explained……………………………………….Full Article: Source

From Alaskadispatch.com: It’s almost PFD season again, and if you’re fuzzy on the details of just how those yearly checks are produced for Alaskans, and what the future could hold, you might want to read a profile of Alaska Permanent Fund Corp.’s chief investment officer by the trade magazine Institutional Investor.
The extremely long article details Jeffrey Scott’s efforts to make the fund — now one of the oldest sovereign wealth funds in the world — more successful by changing the way it is managed since being hired by APFC in 2008……………………………………….Full Article: Source

From Bloomberg: Three weeks earlier, Treasury Secretary Arno Augustin said in an interview that Brazil may step up dollar buying by using its sovereign wealth fund should the real post “excessive” gains.
BNP Paribas predicts the central bank may buy dollars in the futures market for the first time in 16 months while Bank of America Corp. says the Finance Ministry could purchase the U.S. currency with its sovereign wealth fund……………………………………….Full Article: Source

From FT Alphaville: Sovereign wealth funds are increasingly seeing themselves as sovereign development funds and are exploiting their overseas investments to contribute to economic development back home.………………………………………Full Article: Source

From Neurope.eu: None of Kazakhstan’s major acquisitions over the past several years has been successful and, therefore, it would be wise for Kazakhstan companies to focus on investing into important domestic projects, the head of the National Welfare Fund (NWF) Samruk-Kazyna, Kairat Kelimbetov, said.
The main subsidiary of the national oil and gas company KazMunaiGas – KazMunaiGas Exploration Production (KMG EP) – and a British company BG Group Plc have recently signed an agreement in Astana to join their efforts in a promising oil and gas project in Britain’s sector of the Northern Sea……………………………………….Full Article: Source